CF Industries Holdings, Inc. (NYSE:CF) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,298,200 shares, a drop of 7.7% from the June 15th total of 3,574,200 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 2,300,000 shares, the days-to-cover ratio is presently 1.4 days.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a report on Thursday, July 18th. Bank of America raised shares of Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a report on Thursday, April 18th. Citigroup set a $27.00 target price on shares of StoneCo and gave the company a “hold” rating in a report on Friday, May 31st. ValuEngine raised shares of CF Industries from a “hold” rating to a “buy” rating in a report on Sunday, June 16th. Finally, Cowen reaffirmed a “buy” rating on shares of Mirati Therapeutics in a report on Wednesday, May 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $50.41.

Shares of NYSE CF opened at $47.52 on Tuesday. The stock has a market cap of $10.64 billion, a price-to-earnings ratio of 38.32, a PEG ratio of 4.03 and a beta of 0.89. The business has a fifty day moving average of $46.52. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.17 and a current ratio of 1.71. CF Industries has a one year low of $38.90 and a one year high of $56.51.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.01). The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $1.01 billion. CF Industries had a return on equity of 4.81% and a net margin of 7.09%. CF Industries’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. As a group, research analysts predict that CF Industries will post 1.99 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Wednesday, August 14th. CF Industries’s payout ratio is presently 96.77%.

In other news, Director Stephen A. Furbacher sold 3,000 shares of CF Industries stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $42.01, for a total transaction of $126,030.00. Following the completion of the transaction, the director now directly owns 47,190 shares of the company’s stock, valued at approximately $1,982,451.90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Richard A. Hoker sold 3,665 shares of CF Industries stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $41.15, for a total transaction of $150,814.75. Following the transaction, the vice president now directly owns 63,383 shares of the company’s stock, valued at $2,608,210.45. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. DekaBank Deutsche Girozentrale increased its holdings in CF Industries by 4.5% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 72,990 shares of the basic materials company’s stock worth $3,828,000 after acquiring an additional 3,111 shares in the last quarter. NuWave Investment Management LLC increased its holdings in CF Industries by 2,856.2% in the 1st quarter. NuWave Investment Management LLC now owns 2,158 shares of the basic materials company’s stock worth $88,000 after acquiring an additional 2,085 shares in the last quarter. Scout Investments Inc. increased its holdings in CF Industries by 3.7% in the 1st quarter. Scout Investments Inc. now owns 134,896 shares of the basic materials company’s stock worth $5,515,000 after acquiring an additional 4,840 shares in the last quarter. MML Investors Services LLC purchased a new stake in CF Industries in the 4th quarter worth $323,000. Finally, Centre Asset Management LLC boosted its stake in CF Industries by 3.5% during the 1st quarter. Centre Asset Management LLC now owns 175,230 shares of the basic materials company’s stock worth $7,163,000 after purchasing an additional 5,940 shares during the last quarter. 92.86% of the stock is owned by institutional investors.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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